One of the S&P 500’s big winners for Friday January 29 was National Oilwell Varco Inc (NOV) as the company’s stock climbed 4.49% to $32.46 on volume of 4.12 million shares.

The stock opened at $31.26 and saw an intraday low of $31.14 and an intraday high of $32.65. All told, the day saw a per-share gain of $1.395. The stock’s average daily volume of 5.71 million and 375.75 million shares outstanding. National Oilwell Varco Inc now has a 50-day SMA is $33.73 and 200-day SMA is $40.77, and it has a 52-week high of $57.66 and a 52-week low of $28.51.

National Oilwell Varco Inc is a provider in the design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations, and the provision of oilfield services to the upstream oil and gas industry.

Based out of Houston, TX, National Oilwell Varco Inc has 63,642 employees and, after today’s trading, reached a market cap of $12.19 billion. The stock’s P/E Ratio is 9.2. Its P/S ratio is 0.97, P/B ratio is 0.67, and P/FCF ratio is -51.7.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

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